Condensed balance sheet and income statement data for Jergan Corporation are presented here. Jergan Corporation Balance Sheets December 31 2020 2019 2018 Cash $29,300 $16,400 $17,300 Accounts receivable (net) 49,800 45,900 47,000 Other current assets 89,600 94,300 63,800 Investments 55,800 69,200 45,600 Plant and equipment (net) 499,600 370.200 357,400 $724,100 $596,000 $531,100 Current liabilities $84,200 $80,800 $70,300 Long-term debt 145,900 84,500 49,900 Common stock, $10 par 333,000 314,000 314,000 Retained earnings 161,000 116,700 96,900 $724,100 $596,000 $531,100 Jergan Corporation Income Statement For the Years Ended December 31 2020 2019 Sales revenue $736,500 $605,500 Less: Sales returns and allowances 39.500 30,000 Net sales 697,000 575,500 Cost of goods sold 425,500 367,500 Gross profit 271,500 208,000 Operating expenses (including income taxes) 180,890 150,450 Net income $90,610 $57,550 Additional information: L 2. The market price of Jergan's common stock was $7.00, $7.50, and $8.50 for 2018, 2019, and 2020, respectively. You must compute dividends paid. All dividends were paid in cash. (a) Compute the following ratios for 2019 and 2020. (Round Asset turnover and Earnings per share to 2 decimal places, eg. 1.65. Round payout ratio and debt to assets ratio to O decimal places, eg. 18% Round all other answers to 1 decimal place, eg. 6.8 or 6.8%) ^ Compute the following ratios for 2019 and 2020. (Round Asset turnover and Earnings per share to 2 decimal places, eg. 1.65. Round payout ratio and debt to assets ratio to O decimal places, eg. 18%. Round all other answers to 1 decimal place, eg. 6B or 6.8%) 2019 736 (1) Profit margin (2) Gross profit rate (3) Asset turnover (4) Earnings per share $ (5) Price-earnings ratio % % times $ times (6) Payout ratio % (7) Debt to assets ratio % eTextbook and Media 2020 96 % times times % 96